First time using turbo tax. I have a small farm. I’m using depreciation report from 2018 return. I’ve set up assets but initial purchase of land is listed in this report. How do I deal with this.
Yes ... it is non residential but only if it is part total cost of the buildings with land included in the purchase price. If it is simply raw land with no barns or other buildings then you can skip entering in the land and keep the info in your records for later.